COMP <GO>

UPS vs BRK-A // RETURN ON INVESTED CAPITAL (ROIC)

United Parcel Service Inc. (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: UPS 8 — BRK-A 5

▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: UPS

LAST: $108.25 (+0.86%) • MKT CAP: $91.31B

roic

24.80%

LAST: $815,600.00 (-0.23%) • MKT CAP: $1.20T

roic

8.30%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (UPS VS. BRK-A) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	UPS	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	24.80%	8.30%	+16.50	UPS	/roic <GO>
EV/EBITDA & P/E Valuation	9.1x	12.7x	-3.60	UPS	/valuation <GO>
Free Cash Flow Yield	5.22%	2.08%	+3.14	UPS	/fcf-yield <GO>
Operating Margin	8.90%	33.00%	-24.10	BRK-A	/operating-margins <GO>
Net Profit Margin	6.30%	27.10%	-20.80	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	-2.60%	-1.00%	-1.60	BRK-A	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	5.91%	0.00%	+5.91	UPS	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.57	3.02	+0.55	UPS	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	6/9	+1.00	UPS	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.30%	7.30%	0.00	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	74.8	67.2	+7.59	UPS	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.12	1.13	-0.01	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	15.3x	16.7x	-1.40	UPS	/forward-pe <GO>
Enterprise Scale & Market Cap	$91.31B	$1.20T	-$1.11T	BRK-A	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	UPS REV	BRK-A REV	UPS GROSS %	BRK-A GROSS %	UPS FCF	BRK-A FCF
FY 2025	$88.66B	$247.24B	44.0%	44.0%	$4.76B	$25.04B
FY 2024	$91.07B	$249.71B	44.0%	44.0%	$6.21B	$11.62B
FY 2023	$90.96B	$254.91B	44.0%	44.0%	$6.14B	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

UPS // BETA 1.12

BRK-A // BETA 1.13